Rising Unpaid Rent Arrears sees surge in Landlords seeking rent insurance

Rising Unpaid rent arrears across the UK has seen a sharp upturn in Private Landlords seeking rent protection insurance. Data from different firms suggest...

Council writes off nearly £1.3m in unpaid Business Debt

A Council has decided to write off nearly £1.3m in unpaid business debt it has been reported.Cardiff council took the decision to write off...

Failed Crypto firm sees a million people and businesses owed money

Over a million people and businesses could be owed money in the UK following the collapse of the crypto exchange FTX, according to bankruptcy...

Accountants should ‘help’ prevent SME late payment says expert

The combination of accountants’ expertise and real-time cashflow forecasting can play a major role in safeguarding small businesses against the worsening issue of late...

Marathon runner employs Debt Collectors to collect winnings

Last years Brighton Marathon winner employs debt collectors in an extraordinary step to collect his winnings. Alix Ramsier won the Brighton marathon last year and...

Most common cause of debt is cited as the ‘cost of...

Debt charity, StepChange has reported that September saw the cost of living being cited as the most cause of debt amongst its service users....

Company Insolvencies up 71% in the UK

The latest Government insolvency statistics for Q3 2002 show a significant increase in the volume of companies in distress. There were 16,105 corporate insolvencies...

Debtor jailed for hiding assets from trustees

Debtor jailed for hiding property assets from trustees. Sukhi Sanghera appeared at Warwick Crown Court on Thursday 27 October 2022, where he was sentenced...

Small Business late payments hit 2 year high

With the UK economy likely to fall into a recession, small business late payments were made on average 8.2 days later in September. This...

Rogue construction firm shut down due to Business credit scam

A rogue construction firm has been shut down due to an elaborate and deliberate business credit scam. Nobleread Ltd was wound up by the...